Hive ransomware extorted $100 million from victims. The DOJ just hit back.February 20th, 2023 Posted by Glenn Baruck Security & Surveillance, Small and Medium-Sized Businesses (SMBs), Technology, Uncategorized 0 thoughts on “Hive ransomware extorted $100 million from victims. The DOJ just hit back.”
“Some outstanding news about ransomware, but is the tide turning in favor of the good guys in the future?”
Glenn Baruck, The eDot Family of Companies
Finally, here is some good news on the ransomware front! According to recent filings by the Department of Justice, the results of a months-long infiltration campaign against a major ransomware gang, Hive, have been excellent!
The report asserts that the group’s digital extortion schemes have netted members over $100 million in ransom payments. In this piece, author Andrew Paul for popsi.com details the success of the operation and shares opinions from tech experts on this development and the future of Hive and other ransomware threats.